Log In/Sign Up
Your email has been sent.
3801 W Forest Park Ave 9,180 SF Retail Building Baltimore, MD 21216 $4,138,146 CAD ($450.78 CAD/SF) 7% Cap Rate
Executive Summary
This offering features a Family Dollar retail location in Baltimore, Maryland under a long-term triple net (NNN) lease structure. The lease, corporately guaranteed, provides an investor the opportunity to secure a consistent and predictable income stream with a tenant rated among the most recognized discount retailers in the nation. With approximately 8.5 years remaining on the primary term and structured 5% rental escalations every five years starting in year 11 and through renewal options, this asset is designed to enhance long-term cash flow performance.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
9,180 SF
Building Class
C
Year Built
2018
Price
$4,138,146 CAD
Price Per SF
$450.78 CAD
Cap Rate
7%
NOI
$289,670 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.78 AC
Zoning
C - Commercial Service District
Parking
21 Spaces (2.28 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2905-001 | Improvements Assessment | $1,114,379 CAD |
| Land Assessment | $291,213 CAD | Total Assessment | $1,405,592 CAD |
Property Taxes
Parcel Number
2905-001
Land Assessment
$291,213 CAD
Improvements Assessment
$1,114,379 CAD
Total Assessment
$1,405,592 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3801 W Forest Park Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.